Awal Company had 60,000 shares of $10 par value common stock outstanding on March 1 On April 18 when the market value per share was 11) e copy 115 stockholders of record on April 28. The stock was distributed on May 6. The entry to record the distribution of May 6 would include a OA, debit to Retained Earnings OB. credit to Paid-in Capital in Excess of Par Value OC. credit to Cash OD. debit to Common Stock Dividend Distributable Moving to another question will save this response. REN